November 14, 2012

The Morning Wrap

That's Classified: The FBI is making a new push to determine how a woman who had an affair with retired Gen. David H. Petraeus when he was CIA director obtained classified files - a surprise move that follows assertions by U.S. officials that the investigation had turned up no evidence of a security breach, the Washington Post reports.

Edge of the Cliff: Corporate America is raising the volume of its plea that the U.S. government avert a year-end "fiscal cliff" that could send the nation back into recession, but chief executives aren't pushing the panic button just yet, Reuters reports.

Collective Bargaining: A Wisconsin law enforcement union sued the state Tuesday over the state's collective bargaining law, alleging that the portions of the law pertaining to teachers and municipal workers that were found unconstitutional by a Dane County judge are also unconstitutional for state workers, the Wisconsin State Journal reports.

Crackdown: Chinese cyberpolice have directed companies including joint ventures involving American corporations to buy and install hardware to log the traffic of hundreds or thousands of computers, block selected Web sites, and connect with local police servers, The New York Times reports.

Drink Deal: PepsiCo Inc., the world’s second- largest soft-drink maker, is backing a merger of Britvic Plc and A.G. Barr Plc which will create one of Europe’s leading beverage companies with sales of 1.5 billion pounds ($2.4 billion), Bloomberg reports.